Binance ETHUSDT 15m Trend Prediction

The technical outlook for ETHUSDT currently exhibits a clear bearish arrangement. The price at 3540.08 is below all major moving averages, forming a typical bearish alignment, and the Bollinger Band %B is only 0.05, with the price very close to the lower band, indicating a strong downward trend. Multiple oversold indicators are sending consistent signals: RSI6 reaching an extreme oversold level of 13.42, RSI12 even dropping to 9.83, and all three lines of KDJ in the oversold zone below 20, with the J value at only 3.48, suggesting further short-term downside potential. The MACD indicator shows weakness; the DIF line at -7.28 is significantly below the DEA line at 0.64, forming a clear death cross, and the MACD histogram at -15.83 continues to widen negatively, indicating increasing bearish momentum. Analyzing support and resistance levels, the current price is close to the first support level S1 (3505.55). If this level is broken, the next support is near S2 (3465.78). The funding rate is negative at -0.00000309, indicating that the market charges a fee on short positions, which indirectly reflects a lack of bullish sentiment. Although large traders’ long-to-short positions ratio of 2.8013 shows a bias towards long positions, the technical bearish signals are more prominent. Volume and amplitude data suggest high market activity, with a 24-hour amplitude of -1.87%, indicating a dominant downward movement today. Coupled with the technical signals pointing to bearishness, it is expected that the short-term trend will continue downward. Overall assessment indicates that ETHUSDT is likely to continue declining within the 3505-3465 range over the next 15 minutes. Trading is recommended to be cautious or to consider light short positions during a rebound to the 3570-3580 range, with strict stop-losses set above 3600. Risk warning: Although technical indicators show oversold conditions, in a strong downtrend, oversold signals may persist longer. It is advisable to wait for RSI divergence or KDJ bottoming signals before considering a bottom-fishing operation.